Financial Literacy Test Worksheet
The method (Read, plan, check): Name the type of question: count, change, bill, better buy, discount, budget, saving, interest, profit, passbook or safety. Use the method from that lesson and work step by step. Check: change is less than the money paid, a discount makes the price smaller, needs come before wants.
NameDateTime takenScore ___ / 40
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1.Tara’s passbook:
Opening balance: ₹1000
Credit (money in): ₹950
Debit (money out): ₹?
Closing balance: ₹600
How many rupees was the debit? - 2.Zoya has ₹210 for return gifts. Each gift costs ₹40. What is the greatest number of gifts Zoya can buy?
- 3.7 lunch boxes cost ₹1820. What does one lunch box cost (in ₹)?
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4.Rahul’s passbook:
Opening balance: ₹3400
Credit (money in): ₹100
Debit (money out): ₹3350
What is the balance now (in ₹)? - 5.A football costs ₹260. The shop gives 20% off. How many rupees is the discount?
- 6.A cricket bat costs ₹320. The shop gives 20% off. What is the sale price (in ₹)?
- 7.A board game costs ₹640. Offer 1: 10% off. Offer 2: ₹100 off. Which offer saves more money? (a) Offer 1 (b) Offer 2
- 8.A message says Vivaan has won ₹2000. It asks for the UPI PIN to send the prize. What is true? (a) No PIN to receive money (b) Prizes need your PIN (c) Enter the PIN quickly
- 9.A school bag costs ₹100. Offer 1: 25% off. Offer 2: ₹20 off. Which offer saves more money? (a) Offer 2 (b) Offer 1
- 10.Sneha buys a T-shirt (₹260), a plate of idli (₹30), a notebook (₹40) and a badminton racket (₹440). What is the total (in ₹)?
- 11.Tara buys 5 sticker sheets at ₹7 each and pays ₹50. How much change does Tara get (in ₹)?
- 12.A juice box costs ₹25 and a biscuit packet costs ₹12. How many rupees more does the juice box cost?
- 13.For Lakshmi, is “toothpaste” a need or a want? (a) Want (b) Need
- 14.Lakshmi has 5 coins of ₹5 and 4 coins of ₹1. How many rupees does Lakshmi have?
- 15.A 10 kg bag of wheat flour costs ₹300. A 2 kg bag costs ₹94. How many rupees per kg do you save with the cheaper bag?
- 16.Ananya has ₹24. A samosa costs ₹20. Does Ananya have enough money to buy it? (a) Yes (b) No
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17.Price list: notebook ₹30, ruler ₹9, glue stick ₹22, eraser ₹2.
Tara has ₹10 and buys a ruler. How many rupees are left? -
18.Price list: notebook ₹45, toffee ₹3, sharpener ₹4, ruler ₹15.
How much do 3 notebooks cost (in ₹)? - 19.5 notebooks cost ₹275. What does one notebook cost (in ₹)?
- 20.Tara has 5 coins of ₹2. Aditya has 5 coins of ₹1. How many more rupees does Tara have?
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21.Zoya’s passbook:
Opening balance: ₹3900
Credit (money in): ₹50
Debit (money out): ₹?
Closing balance: ₹2400
How many rupees was the debit? - 22.A water gun costs ₹79. Isha has ₹10 and ₹5. How many more rupees does Isha need?
- 23.Which coins and notes make exactly ₹35? (a) 20 + 10 + 5 (b) 20 + 10 + 1 (c) 20 + 10 + 10
- 24.How many ₹10 notes make a ₹20 coin?
- 25.Lakshmi got ₹90 in 6 weeks, the same amount every week. How many rupees is that each week?
- 26.Ishaan has 9 notes of ₹50. How many rupees does Ishaan have?
- 27.Which is worth the most: a ₹10 note, a ₹5 coin or a ₹50 note? (a) 5-rupee coin (b) 50-rupee note (c) 10-rupee note
- 28.A kite costs ₹11 and a sticker sheet costs ₹8. How many rupees more does the kite cost?
- 29.₹5.50 − ₹2.50 =
- 30.₹14 + ₹10 + ₹9 =
- 31.Sneha has 5 notes of ₹50. Karan has 5 coins of ₹2. How many more rupees does Sneha have?
- 32.A dozen (12) pencils cost ₹48. What does one cost (in ₹)?
- 33.Vivaan has a budget of ₹1500 for a birthday party. The balloons cost ₹60, the return gifts cost ₹300 and the snacks cost ₹180. How many rupees are left?
- 34.Nisha saves ₹40 every week for 5 weeks, then buys a wristwatch for ₹150. How many rupees are left?
- 35.Which is the biggest amount: ₹63, ₹71 or ₹46? (a) 46 rupees (b) 63 rupees (c) 71 rupees
- 36.A banana costs ₹6 and a crayon box costs ₹30. How many rupees more does the crayon box cost?
- 37.Karan buys a plate of idli for ₹50 and pays with a ₹100 note. How much change does Karan get (in ₹)?
- 38.How many notes of ₹10 make ₹70?
- 39.Meera spends ₹200 on things to make 19 paper bookmarks and sells them all at ₹15 each. How many rupees does Meera earn after paying the costs?
- 40.Dev got ₹60 in 4 weeks, the same amount every week. How many rupees is that each week?
Answer key
- 1350
- 5
- 260
- 150
- 52
- 256
- Offer 2
- No PIN to receive money
- Offer 1
- 770
- 15
- 13
- Need
- 29
- 17
- Yes
- 1
- 135
- 55
- 5
- 1550
- 64
- 20 + 10 + 5
- 2
- 15
- 450
- 50-rupee note
- 3
- 3
- 33
- 240
- 4
- 960
- 50
- 71 rupees
- 24
- 50
- 7
- 85
- 15
Free money maths lessons, practice and worksheets at talentjr.in/money-for-kids